With financial improvement being a popular New Year’s resolution and credit scores having fallen in all 50 states over the past year, the personal-finance website WalletHub recently released its updated report on the States With the Largest Credit Score Decreases, to highlight where people are in the most financial danger.
| Largest Decreases | Smallest Decreases |
| 1. Alaska | 41. Connecticut |
| 2. Vermont | 42. Montana |
| 3. Mississippi | 43. Kansas |
| 4. Alabama | 44. Minnesota |
| 5. Tennessee | 45. Wisconsin |
| 6. Nevada | 46. Utah |
| 7. Delaware | 47. Iowa |
| 8. Florida | 48. Kentucky |
| 9. Massachusetts | 49. Oregon |
| 10. Louisiana | 50. Maine |
For the full report and to see where your state ranks, please visit:
https://wallethub.com/edu/
“If your credit score is low or has recently dropped, the quickest and best way to improve your score is to use a credit card regularly and pay the balance on time and in full every month. Even if you have a credit card that you don’t actively use, it will still gradually raise your credit score every billing period, as long as you keep the account in good standing. You should also strive to keep your credit utilization below 30% of your credit limit and work to actively pay down any long-term debts you have.”
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“Alaska residents had the largest average credit score decrease between Q3 2023 and Q3 2024, slipping from an average of 686 to a score of 679. Alaskans’ average credit score of 679, which is in the fair credit range, ranks 24th in the nation.”
- Chip Lupo, WalletHub Writer and Analyst
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